MIKALSEN MOTOR AS

9900 KIRKENES

Finances

Share Ownership

Return on Equity

−1,33 %

Current Ratio

3,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−41 000	−100 000	−97 000	−117 000
Total Assets	4 447 000	4 491 000	4 590 000	4 705 000
Total Equity	3 087 000	3 129 000	3 229 000	3 326 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	63 000	108 000	113 000	141 000
Operating Profit	−63 000	−107 000	−113 000	−141 000
Financial Income	21 000	7 000	16 000	25 000
Financial Costs	0	0	0	1 000
Financial Balance	21 000	7 000	16 000	24 000
Earnings Before Tax	−41 000	−100 000	−97 000	−117 000
Tax	0	0	0	0
Net Income	−41 000	−100 000	−97 000	−117 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 000	45 000	79 000	133 000
Total Current Assets	4 412 000	4 446 000	4 511 000	4 572 000
Total Assets	4 447 000	4 491 000	4 590 000	4 705 000
Total Retained Equity	2 987 000	3 029 000	3 129 000	3 226 000
Total Equity	3 087 000	3 129 000	3 229 000	3 326 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 360 000	1 362 000	1 361 000	1 379 000
Total Equity and Debt	4 447 000	4 491 000	4 590 000	4 705 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	10 000	34 000	54 000	71 000
Impairment	0	0	0	0
Expenditure	63 000	108 000	113 000	141 000
Operating Profit	−63 000	−107 000	−113 000	−141 000
Financial Income	21 000	7 000	16 000	25 000
Financial Costs	0	0	0	1 000
Financial Balance	21 000	7 000	16 000	24 000
Dividends	0	0	0	0
Net Income	−41 000	−100 000	−97 000	−117 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	26 000	28 000	30 000	32 000
Machinery and Plant Facilities	10 000	18 000	25 000	33 000
Fixtures	0	0	24 000	68 000
Total Tangible Assets	35 000	45 000	79 000	133 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	35 000	45 000	79 000	133 000
Stock	209 000	209 000	209 000	209 000
Total Investments	0	0	0	0
Cash, Bank	4 203 000	4 237 000	4 297 000	4 358 000
Total Current Assets	4 412 000	4 446 000	4 511 000	4 572 000
Total Assets	4 447 000	4 491 000	4 590 000	4 705 000
Total Equity	3 087 000	3 129 000	3 229 000	3 326 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−1 000	1 000	1 000	19 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 361 000	1 361 000	1 360 000	1 360 000
Total Current Debt	1 360 000	1 362 000	1 361 000	1 379 000
Total Equity and Debt	4 447 000	4 491 000	4 590 000	4 705 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,33 %	−3,2 %	−3 %	−3,52 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	3,24	3,26	3,31	3,32
Quick Ratio	3,83	3,86	3,92	3,91
Equity Ratio	0,69	0,7	0,7	0,71
Gross Profit Margin	-	-	-	-